Sembcorp Ind - 2nd Half results is out. Total Revenue is down 11 percent to 2857m.Net profit is down 7 percent to 448m. Declared final dividend of 16 cents, together with interim dividend of 9 cents a total dividend of 25 cents versus 23 cents last year.
Sembcorp Industries (Sembcorp) delivered resilient performance for the full year of 2025 (FY2025), with underlying Group net profit of
S$1.0 billion, comparable to FY2024. Earnings growth from the Renewables aandOntegrated Urban Solutions segments mitigated lower earnings from the Gas and
Related Services segment. Reported Group net profit from continuing operations was
S$984 million, 4% lower year-on-year, as the gain from the divestment of SembEnviro
was offset by the foreign exchange loss on the deferred payment note.
Underlying net profit for the Gas and Related Services segment was S$701 million,
with lower contribution from the UK business and lower generation spreads in
Singapore. This was offset by higher contribution from Senoko Energy. As of February
2026, approximately 80% of our contracted portfolio in Singapore1
is locked in for five
years and above, providing earnings visibility.
Net profit before exceptional items (EI) for the Renewables segment was 5% higher
at S$192 million in FY2025 on stronger performance from the India renewables
portfolio. Operational capacity as of end 2025 was 15.0GW, up from 13.1GW as of
end 2024. Since end 2024, Sembcorp has secured 3.6GW of renewables capacity
across key markets. Including projects under construction, the Group’s gross
renewables capacity is now at 20.4GW.
The Integrated Urban Solutions segment posted net profit before EI of S$178 million,
3% higher year-on-year. The Urban business continues to build up its portfolio of low-
carbon industrial parks and ready-built industrial space, while we continue to sharpen
our portfolio focus in the Water business.
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